Big Box Developers Set a New Record

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chi-centerpoint proj (3) A 751K spec recently built at CenterPoint’s intermodal complex in Joliet, IL.

CHICAGO—The vacancy rate for big box industrial buildings in the Chicago metro area increased 244 bps during the course of 2017 to 9.64%, according to a year-end report by Colliers International. But that does not seem to worry experts very much.

Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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